Committee advances performance‑based ratemaking bill after two failed consumer amendments
House Bill 1,002 would authorize multiyear performance‑based rate plans for utilities and include affordability and service‑restoration metrics; two amendments aimed at expanding payment plans and requiring more detailed bill line‑iteming failed, and the committee subsequently passed the bill 9‑0.
The full story
The Appropriations committee reviewed House Bill 1,002, a sponsor‑backed measure that would authorize performance‑based ratemaking (PBR) for utilities and authorize structured multiyear rate plans with annual performance incentive metrics.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in